1. List down the advantages and disadvantages of forming a partnership * Collaboration. As compared to a sole proprietorship‚ which is essentially the same business form but with only one owner‚ a partnership offers the advantage of allowing the owners to draw on the resources and expertise of the co-partners. Running a business on your own‚ while simpler‚ can also be a constant struggle. But with partners to share the responsibilities and lighten the workload‚ members of a partnership often
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Performing Arts Performing arts are art forms in which artists use their body or voice to convey artistic expression—as opposed to plastic arts‚ in which artists use clay‚ metal‚ paint‚ and other materials to create physical art objects. The first recorded use of the term performing arts was in 1711. OVERVIEW OF THE TOPICS: 1 Types of performing arts • 1.1 Theatre • 1.2 Dance • 1.3 Music 2 History of Western performing arts • 2.1 Renaissance • 2.2 Modern era
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NON PERFORMING ASSETS(NPA) WHAT IS A NPA (NON PERFORMING ASSET) Non Performing Asset means an asset or account of borrower‚ which has been classified by a bank or financial institution as sub-standard‚ doubtful or loss asset‚ in accordance with the directions or guidelines relating to asset classification issued by RBI. Non-performing asset (NPA) shell be a loan or an advance where; i. interest and /or installment of principal remain overdue for a period of more than 90 days in respect of a
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Transfer of Non-Performing Assets between Banks and Beyond Niloy Pyne comments on the recently issued ruling of the Supreme Court‚ in the case of ICICI Bank Limited Versus Official Liquidator of APS Star Industries Ltd. & Ors. on whether non-performing assets (NPAs) can be transferred between banks without the concurrence of the borrowers. Background This case involved a transfer of Non Performing Assets (NPAs)‚ relating to the borrower‚ APS Star Industries Ltd.‚ from ICICI Bank to Kotak
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Being in a group can be very beneficial. Groups are great for brainstorming‚ socializing‚ completing tasks and many other reasons. Forming the group though doesn’t just happen. There are several steps of communication that take place which include forming stage‚ storming stage‚ norming stage‚ performing stage and adjourning stage. In the forming stage‚ members are uncertain about the structure‚ propose and leadership of the group. The members of the group must communicate with each other to give
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Whether groups are formed for social or task oriented purposes‚ the ability to produce and maintain a sense of affiliation‚ peer support and collaboration is important for overall group functioning. The cohesion of a social group is produced through the establishment of a set of group norms‚ which are later defined as a guide for conduct accepted within a group of individuals. However‚ in order for a group to perform and produce results‚ the team leader should guide his/her team through the proper
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article is written to describe three important factors in group process which are cohesiveness‚ communication and conflict and how they benefit individuals in their master program and future career. Hackman (1987) thought group processes represent interactions that take place among team members‚ or team members and tasks. Hill (2011) addressed that decision-making‚ participation‚ influence‚ and conflict are four aspects of team process that have a profound influence on team effectiveness and that
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The Project Management Process Groups The Project Management Process is the application of knowledge‚ skills‚ tools‚ and techniques to project activities to meet project requirements. It is a set of interrelated action and activities performed to achieve a pre-specified product‚ result‚ or service. The Project Management Process is grouped into five categories which are: The Initiating Process Group involves the processes‚ activities‚ and skills needed to effectively define the beginning
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Identify and describe the five stages of group formation -Forming -To connect with other people. -Set up goals. -Little work is done. -Storming -Group roles and rules emerge. -Lots of tension and conflict. -Struggle for leadership -Conflict -Constructive – make the group more successful -Destructive – tear the group apart -Two people with two different ideas don’t agree with each other -Norming -Establish standards of behavior norms and rules will operate in order to
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2 Tuckman’s stages of group development Bruce Tuckman is a well known man for publishing the 4 stage model theory of group development‚ which is now called the 5 stage model theory. In 1965 Tuckman published his forming‚ storming‚ performing and as mentioned above in the 1970’s‚ added the 5th stage‚ adjourning. Tuckman’s model explains how teams develop maturity‚ abilities‚ relationships and leadership styles. Stage 1-Forming During this stage the group comes together and gets to
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